Economy & Finance
Hong Kong Jumps to Fourth-Placed Ranking in Global Data Center Market Comparison
Hong Kong moves up to fourth overall in global rankings from sixth in 2022 report Beijing and Shanghai both rise notably in market...
RGE closes inaugural US$550 million Sustainability-Linked Derivative with MUFG
Sustainability-Linked Derivative (SLD) supports RGE’s strategy of pivoting its financing towards SLLs, a total of US$1.6 billion secured in 2022 Besides hedging the...
OctaFX joined forces with a local partner to provide emergency aid for flood victims in Kelantan, Malaysia
OctaFX joined its local partner in providing emergency aid for the victims of intense flooding in the state of Kelantan, Malaysia. KUALA LUMPUR,...
Carousell Group integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia
SINGAPORE 2 February 2023 – Harnessing the scale of two million listings listed in the electronics category every quarter, leading multi-category platform for...
ShopUp secures USD 30 million debt financing to fuel expansion and strengthen supply chain operations
ShopUp, the largest full-stack B2B commerce platform in Bangladesh, announces a major milestone in securing $30 million in debt financing. The $30 million...
Pow.re Announces Successful Closing of US$9.2 Million Series A, US$18 Million Strategic Partnership in Paraguay and Advisory Board Appointments
MONTREAL (QC), CANADA 2 February 2023 – Pow.re Holdings Limited (“Pow.re” or the “Company”), a high-density computing (“HDC”) proof-of-work digital mining and fintech...
HSBC Reiterates “Buy” Rating on Fosun and Raises Target Price to HK$11.50
HONG KONG SAR 2 February 2023 – On 30 January 2023, HSBC Global Research (“HSBC”) published a report pointing out that Fosun International...
Backbase Engagement Banking Platform named Luminary in Celent Retail and SME Banking Awards
Backbase recognized for excellence in Celent international digital banking awards SINGAPORE 1 February 2023 – Backbase, the Engagement Banking platform leader, was recently...
Chinachem Group Confirms to make its Second Purchase in Prime London Office Building for £349.5m
HONG KONG SAR 30 January 2023 – Chinachem Group (the “Group”) announced today that it has exchanged contracts for and completed the purchase...
Led by Legend Capital, GenScript ProBio Completed Nearly USD220m Series C Round of Financing
HONG KONG SAR 21 January 2023 – On 17 January 2023, GenScript ProBio announced its Series C round of financing of nearly USD220...